The IRS recently released a draft version of Form 8825 and its instructions, revealing a few changes to what’s required. One ...

Form 2441 is used for claiming child and dependent care expenses Investopedia / Zoe Hansen IRS Form 2441 calculates the amount of the Child and Dependent Care tax credit an eligible family can claim ...

The Iowa Center for Economic Success is launching a free tax assistance program for Iowans earning less than $69,000, ...

Read about IRS Publication 334, a vital tax guide for sole proprietors and statutory employees, offering essential tips on deductions, credits, and filing Schedule C.

Schedule C is an IRS tax form that reports profit or loss from a business. Sole proprietors or single-member LLCs typically use the form. Many, or all, of the products featured on this page are from ...

Wondering what tax relief you qualify for? Learn about IRS tax relief programs, credits, deductions and payment options based ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961.

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill out IRS Form 2441. Here's more: ...

The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

The FTC is warning taxpayers to keep an eye out for phishing and smishing scams aimed at stealing tax refunds and personal data.

The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that ...

Most people won’t owe gift tax in 2025 or 2026. Learn the annual limits, lifetime exemption, when Form 709 is required, and how to give tax-free.